The Future of EU Cohesion Policy: A Discussion with Raffaele Fitto

The Future of EU Cohesion Policy: A Discussion with Raffaele Fitto

On April 1, 2025, a significant discussion took place in the European Parliament's Committee on Regional Development, where members of the European Parliament (MEPs) engaged with Raffaele Fitto, the European Commission's Executive Vice-President for Cohesion and Reforms. The focus of the conversation was the proposed mid-term review of the EU cohesion policy, aimed at introducing new priorities for the current funding cycle.

The Need for Modernization

Fitto emphasized the necessity of modernizing the cohesion policy to allow member states to address emerging challenges flexibly. He proposed that the new priorities, which include areas such as defence, security, affordable housing, and water management, are essential for adapting to the evolving needs of regions across the EU.

MEPs voiced their concerns during the discussion, particularly regarding the potential impact of these new priorities on existing funding allocations. They highlighted that while flexibility is crucial, it should not come at the expense of support for poorer regions, which rely heavily on cohesion funding as a balancing force within the single market.

A Balancing Force

Cohesion policy has long been viewed as a vital mechanism for promoting economic and social cohesion across the EU. MEPs argued that it plays a strategic role in ensuring that all regions, especially the outermost ones facing unique challenges, receive the support they need. Fitto acknowledged these concerns, reiterating the importance of a bottom-up approach that tailors solutions to the specific needs of different regions.

Funding and Future Priorities

As the discussion progressed, MEPs raised questions about the implications of redirecting funds toward defence investments. Fitto reassured them that cohesion funds would not be used for purchasing weapons, emphasizing that the new flexibility would be voluntary for EU countries. This aspect was welcomed by MEPs, who appreciated the focus on simplification and the potential for improving absorption rates of funds.

The conversation also touched on critical issues such as affordable housing and water management, which are increasingly relevant in light of climate change and extreme weather events. With many regions grappling with these challenges, the proposed revisions aim to ensure that funding remains sufficient in the upcoming multiannual EU budget.

Looking Ahead

The proposed revisions to the EU cohesion policy will now move to Parliament and Council for further discussion and eventual adoption. The outcome of these discussions will significantly impact how cohesion funding is allocated in the future, shaping the landscape of regional development across Europe.

For those interested in the latest updates on this topic, you can follow the ongoing developments and access relevant documents through the European Parliament's official channels